Why is RCI Industries falling/rising?

As of 08-Jul, RCI Industries & Technologies Ltd is experiencing a price increase, currently at 6.27, reflecting a change of 0.29 or 4.85% upward. The stock has shown strong performance recently, with a 10% return over the past week and a 17.20% increase over the last month. It has outperformed its sector by 5.54% today and has been gaining for the last two days. However, despite this positive short-term movement, the company has not declared results in the last six months and has reported negative results for the last 13 consecutive quarters, which raises concerns about its long-term fundamental strength.
In the broader market context, RCI Industries has significantly outperformed the benchmark, with a 34.84% return over the past year compared to the BSE500's 1.98%. This strong performance in the short term contrasts with the company's weak fundamentals, as indicated by declining sales and profits. While the stock's recent gains may attract investor interest, the lack of recent financial disclosures and ongoing negative results could pose risks, suggesting that the stock's upward movement may not be sustainable in the long run.